Briggs Wealth Management Inc Takes $45.42 Million Position in Vanguard Total Stock Market ETF $VTI

Briggs Wealth Management Inc bought a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 135,469 shares of the company’s stock, valued at approximately $45,419,000. Vanguard Total Stock Market ETF comprises about 48.8% of Briggs Wealth Management Inc’s investment portfolio, making the stock its largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its holdings in Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares during the period. Wealthfront Advisers LLC raised its position in shares of Vanguard Total Stock Market ETF by 0.9% during the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock valued at $6,043,337,000 after buying an additional 163,272 shares during the last quarter. Bank of America Corp DE increased its holdings in Vanguard Total Stock Market ETF by 2.5% in the 4th quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock valued at $4,755,888,000 after acquiring an additional 343,136 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Total Stock Market ETF by 2.0% in the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock worth $4,720,528,000 after buying an additional 277,939 shares in the last quarter. Finally, WealthNavi Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 0.3% during the 4th quarter. WealthNavi Inc. now owns 12,394,779 shares of the company’s stock worth $4,155,598,000 after acquiring an additional 32,017 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 1.2%

Vanguard Total Stock Market ETF stock opened at $369.99 on Friday. The firm’s fifty day moving average is $359.38 and its 200 day moving average is $343.77. The company has a market cap of $646.45 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $291.97 and a 52-week high of $374.70.

Vanguard Total Stock Market ETF Company Profile

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.